Over the past twenty days of trading, Genetic Technologies Ltd (NASDAQ: GENE), from January 07, 2020 to February 04, 2020 there is a potential Short Squeeze about to happen because of an increase in short volume over the past twenty days with very little cover volume.
Because of this the Squeeze Report trend indicator issued a GENE Short Squeeze.
Genetic Technologies Ltd (NASDAQ: GENE) Short Squeeze Analysis
During the last five days of trading, from January 29, 2020 to February 04, 2020 GENE had a staggering 98,335 shares shorted while trading a total of 613,112 shares as show the on GENE short page.
The last ten days of trading, from January 22, 2020 to February 04, 2020 GENE had a staggering 401,506 shares shorted while trading a total of 2,827,597 shares as show the on GENE short page.
Over the last twenty days of trading, from January 07, 2020 to February 04, 2020 GENE had a staggering 4,858,406 shares shorted while trading a total of 33,495,795 shares as show the on GENE short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 19 short day, 1 days with no change but 0 cover days.
Genetic Technologies Ltd (NASDAQ: GENE) Short Squeeze Result
The short indicator utilizes several factors before determining a result and because of these indications we have placed a short trend indicator of GENE Short Squeeze.
Genetic Technologies Ltd (NASDAQ: GENE) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,858,406|
|Total Actual Volume||33,495,795|
|Total Volume Discrepancy||25,599,217|
|No Change Days||1|
|Average Volume Discrepancy||1,279,960|
|Average Short Volume||242,920|
|Average Short Percentage||60%|
The Short Trend Indicator
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